news - AEROPORTI DI ROMA
Rome, 1 June 2017 – Further to the press release dated 24 May 2017 and following a roadshow in the main European financial centres, Aeroporti di Roma S.p.A. (the “Company”) announces today the pricing of senior unsecured non-convertible notes to be issued by the Company under its Euro Medium Term Notes (EMTN) programme for an aggregate principal amount of Euro 500 million, to be placed with qualified investors only. Such notes, which issue date is scheduled to fall on 8 June 2017, subject to, inter alia, the entering into of the relevant contractual documentation, will have the following characteristics: Euro 500 million, maturity date on 8 June 2027, annual coupon equal to 1.625%, yield 1.701% per year, listing on the regulated market managed by the Irish Stock Exchange. It is also expected that the notes will be rated by Fitch, Moody’s and Standard & Poor’s. The placement of the notes is arranged by Barclays Bank PLC, BNP Paribas, Mediobanca – Banca di Credito Finanziario S.p.A., NATIXIS, Société Générale, NatWest Markets and UniCredit Bank AG in their capacity as joint bookrunners. The proceeds arising out of the issue of the notes will be applied towards the early partial refinancing of the “€600,000,000 3.250 per cent. Notes due 20 February 2021” listed on the regulated market of the Irish Stock Exchange (ISIN Code XS1004236185) (the “2021 Notes”) and to support the Company and the Group’s operational needs. In this connection, in the context of the tender offer launched by BNP Paribas relating to the 2021 Notes, today BNP Paribas, in its capacity as offeror, announced that it will repurchase a principal amount of 2021 Notes equal to Euro 199,999,000. Further information on the terms and conditions of the tender offer relating to the 2021 Notes are set out, inter alia, in the press release published today by the offeror, BNP Paribas. The Company was assisted by Legance – Avvocati Associati, the joint bookrunners were assisted by Linklaters. Documents are available on the website under the section https://www.adr.it/web/aeroporti-di-roma-en-/emtn-programme.
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